Sid’s Bullish Call on the GBP/USD Currency Pair During a Recent “Counts” Webinar

Sid’s Bullish Call on the GBP/USD Currency Pair During a Recent “Counts” Webinar2017-03-312018-06-22https://elliottwaveplus.com/wp-content/uploads/2016/07/EWP_fullcolor_logo.pngElliottwaveplus.comhttps://elliottwaveplus.com/wp-content/uploads/2017/03/London-Pic.jpg200px200px

Sid's Bullish Call on the GBP/USD Currency Pair during the March 12, 2017 "Counts" Webinar

Each week, Sid Norris of ElliottWavePlus.com holds a Sunday webinar for “Pro Plan” subscribers. During the session, he presents his Elliott Wave counts and associated Fibonacci price targets for many of the world’s major stock markets, commodities, currencies, and bonds. Hurst cycle analysis and retail trader sentiment are also strongly considered.

The following video clip shows Sid’s coverage of the British Pound (GBP/USD currency pair) during the March 12, 2017 “Counts” Webinar. Sid suggested that the recent drop in the GBP/USD was nearly complete and that the pair should start rallying within a couple of days, eventually moving to the upside as much as 700 pips over the next month. Here’s the call:

Two days after the call, on March 14, the GBP/USD pair bottomed and started rallying nicely. By the end of March, the pair was up over 500 pips. easily allowing traders to trail their stops well into profit.

My name is Sid Norris and welcome to Elliott Wave Plus! I’ve been an active investor, trader, and student of the markets for over 30 years. Elliott Wave Plus is the culmination of everything I've learned about technical analysis of the financial markets.